What is happening here...
Key financing agreement with Afreximbank PSC achieved a critical milestone in its development plan for Arcadia when it entered into a project finance debt facility with African Export-Import Bank (Afreximbank) in December 2019. Afreximbank is expected to arrange and manage the primary syndication of a US$143m project finance debt facility, out of which Afreximbank is proposing to fund US$75m of the facility. The US$143m facility should be sufficient to fund ~90% of the project costs for the Arcadia mine.
This is not true...according to webpage it says....
Dec 2019 Mandated Lead Arranger AppointedAfreximbank Mandated to Arrange US$143M Debt FacilityAfreximbank to arrange and syndicate a US$143m project finance debt facilityAfreximbank to provide US$75m of the facilityAfreximbank is one of the largest African development banks with significant experience financing projects in Zimbabwe.
Has this been achieved?
What is happening here...Key financing agreement with...
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Last
15.5¢ |
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Mkt cap ! $71.81M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $32.75K | 209.0K |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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15.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 15.5¢ | 15.5¢ | 15.0¢ | 51738 | ||
| Last updated 11.25am 03/05/2024 ? | |||||
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